A Company Started the Year with $400 of Supplies

question 8

Multiple Choice

A company started the year with $400 of supplies.During the year,the company purchased an additional $1,200 of supplies.There were $700 of supplies on hand at the end of the year.An adjusting entry prepared at the end of the accounting period includes a:

• A)debit to Supplies for $800.
• B)debit to Supplies for $700.
• C)debit to Supplies Expense for $900.
• D)debit to Supplies Expense for $600.

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Definitions:

Form Design View

A mode in database applications that allows users to create, design, and modify the layout and functionality of forms used for entering, viewing, and editing data.

Detail Section

Part of a form or report in database management systems, specifically designed to display individual records or group of items.

Horizontal Ruler

A tool displayed in word processors and graphic design software to help users align text, graphics, and other elements horizontally.

Resize

Refers to changing the dimensions of a graphical interface element or data storage capacity.